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A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The carrying cost is $0.75 per yard and the demand is 10,000 yards per year. The production facility operates the same days as the retail store is open (i.e. 311 days) and produces 150 yards of the denim cloth per day. Determine:
a) The optimal order size
b) The total inventory cost
c) The length of time to receive an order
d) The number of orders per year
e) The maximum inventory level
Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society. Assess the strategy of Wal-Mart
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What are the major considerations regarding logistics alliances, for: a) initiation? b) implementation? c) maintenance? d) termination?
What is flexibility?
Base on the case study; United Photonics Malaysia Sdn Bhd Who do you think should manage the Laz-skan Development Project?
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